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Oxygen Electronics partners with InnovASIC to provide “The End of Obsolescence.”
For immediate release - Sunday, October 21, 2001
Oxygen Electronics - Innovasic Partnership in ASIC Product Distribution
White Plains, New York - October 21st 2001 - Oxygen Electronics LLC and InnovASIC jointly announce partnership to provide the European community with the InnovASIC’s “The End of Obsolescence” solution.

Oxygen Electronics is a leading worldwide provider of Internet Commerce, Supply Chain Management and Spot Market Services. Oxygen has spent five years developing a powerful suite of web-based database and search engine tools to source allocated, hard-to-find and obsolete electronic components. Oxygen's White Plains, NY, USA, Marlborough, Wiltshire, UK, Guilford, CT, USA and network of European agents provide complete commercial support for the distribution of the components to industry-leading aerospace, communications, contract equipment manufacture (CEM) and defense companies throughout the world.

"We are always looking to provide the most complete and professional service to our clients" says Mark Pasdon, Oxygen's co-founder and managing partner. “The overall strategy for Oxygen Electronics is to provide a service offering that can address all aspects of obsolescence, not just aftermarket and spot market suppliers, but also, vendors who can solve obsolescence through production and engineered services.”

InnovASIC, of Albuquerque, New Mexico, utilizing utilizes their own MILESTM (Managed IC Lifetime Extension System) cloning technology is able to produce replacements integrated circuits (ICs) that are far more complex than “emulation” while ensuring software compatibility. MILESTM, consists of a proprietary methodology, copyrighted software and advanced EDA tools to clone original IC’s, for military, aerospace, industrial and commercial applications. “InnovASIC’s replacement ICs provide an excellent solution for obsolete and hard-to-find parts. Our expertise in digital cloning technology combined with Oxygen’s experience in the aftermarket, combined with and their unique focus on providing value added services to their European client base, made Oxygen a perfect fit with InnovASIC’s product and services offering,” stated Mike Berg, Vice President, Sales and Marketing for InnovASIC.

Details of Oxygen Electronics’ tools and services can be found at http://www.o2xygen.com and more information about the InnovASIC service offering can be found at http://www.innovasic.com.
Oxygen Electronics LLC
56 Lafayette Ave.
White Plains, NY 10603
USA
Phone: +1-914-289-0202
Fax: +1-914-289-0222
http://www.o2xygen.com
sales@o2xygen.com